Write up of Trayport Regulatory User Forum

Trayport have today published this write up on the discussions that took place in their recent user forum. The write up focuses on the following issues:

  • UTI Generation – There is a fear that without a mandated method, the issues that arose under EMIR will arise under REMIT.
  • Back-loading – There is potential for a very difficult requirement to backload orders to December 2001.
  • Confirmation Matching – A concern that more confirmations will need to be matched electronically, which may lead to increased costs.

These concerns correlate with discussions elsewhere in the market.

 

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